Determine the monthly principal and interest payment for a 20-year mortgage Click here for table of Monthly Payments when the amount financed is $245,000 and the annual percentage rate (APR) is 5.0% The monthly principal and interest payment is so Monthly Principal and Interest Payment per $1000 of Mortgage (Round to the nearest cent as needed.) - X Rate % 4.0 4.5 5.0 5.5 6.0 6.5 7.0 7.5 8.0 8.5 9.0 9.5 10 $10.12451 $10.36384 $10 60555 $10 85263 $11.10205 $11.35480 $11.61085 $11 87018 $12.13276 $12.39857 $12.66758 $12.93976 Number of Years 15 20 $739688 $6.05980 $7.64993 $6 32649 $7.90794 $6.59956 $8.17083 $6.87887 $8.43857 $7.16431 $8.71107 57.45573 $8.98828 $7.75299 $9 27012 $8.05593 59 55652 $8.36440 $9 84740 $8.67823 $10 14267 $8.99726 $10.44225 59.32131 25 $5 27837 $5.55832 $5 84590 56 14087 $6.44301 $6.75207 $7.06779 57.38991 $771816 58.05227 $8.39196 $8.73697 30 $4.77415 $506685 55.36822 $5.67789 $5.99551 $6.32068 $6 65302 $6.99215 $733765 57 68913 58 04623 58.40854